Second Largest US Bank Failure In History: First Republic Bank Seized By FDIC, Sold To JPMorgan
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And with the collapse of FRC, three of the four largest-ever U.S. bank failures have occurred in the past two months. First Republic, with some $233 billion in assets at the end of the first quarter, ranks just behind the 2008 collapse of Washington Mutual. Rounding out the top four are Silicon Valley Bank and Signature Bank, a New York-based lender that also failed in March.
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News from or about specifically the United States
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